Hyatt Hotels Affiliates Sign Management Agreements for Nine
New Hyatt Branded Hotels
Throughout India Bringing Total to 38 Properties Under Development

Additionally
the 329-room Hyatt Regency Chennai and the 314-room Grand Hyatt Goa
Will Open This Year

CHICAGO (March 23, 2011) — Hyatt Hotels Corporation
(NYSE: H) today announced that Hyatt affiliates have signed management
agreements for nine new Hyatt-branded hotels in emerging cities across
the country. This continued expansion in India brings the total number
of Hyatt hotels under development there to 38.

The agreements cover three Hyatt brands: a Grand Hyatt hotel
in Noida, Hyatt Regency hotels in Jaipur, Surat, Ghazibad, Chandigarh,
Lucknow and Guwahati, and Hyatt Place hotels in Bangalore Devanhalli
and Mumbai Seepz.

In addition to the agreements, Hyatt also announced that the
Hyatt Regency Chennai and Grand Hyatt Goa will open later this year.

Hyatt Regency Chennai, set to open in May, is a
329-room contemporary hotel with five restaurants and lounge
bars. The hotel, conveniently located in the central business
district, and in close proximity with the fast developing IT corridor,
includes various leisure facilities including a Hyatt Pure spa, an
outdoor swimming pool, a fitness center, and a beauty salon. Hyatt
Regency Chennai will have extensive meeting and event facilities with
16,000 square feet of function space.

Grand Hyatt Goa will be part of Aldeia de Goa, a
high-end residential area in close proximity to Dona Paula and the
capital of Goa-Panjim. This world-class resort will overlook the
Zuari River a few miles before it encounters the Arabian Sea.
Spread across 19 acres of tropical gardens, the hotel will offer a
total of 314 spacious rooms and suites including an impressive Grand
Club and three Presidential Villas. The spa will feature 20 treatment
rooms for a unique sanctuary spa experience inspired by the preferred
Hyatt Pure treatments of the world. A large variety of indoor and
outdoor dining facilities will include a Grand Café, Italian
restaurant, Indian restaurant and bar-lounge. Grand Hyatt Goa will also
have some of the largest conference facilities in the State of Goa.

“Establishing a strong presence in emerging markets is a key
element in our strategy of becoming the most preferred hospitality
brand,” said Steve Haggerty, global head of real estate and
development, Hyatt Hotels Corporation. “India is certainly a core
focus, and we are extremely pleased to have established relationships
with some of the best developers there to build new properties that
represent our most desirable brands.”

“Nearly 30 years since the first Hyatt hotel opened in India,
we continue to drive brand preference by expanding our presence and
types of offerings,” said Ratnesh Verma, senior vice president of real
estate and development for Hyatt Hotels & Resorts in Asia.
“From a strong base in global gateway markets, we are pushing into many
new cities throughout India. Our strategy brings the full portfolio of
brands to life in India so that, no matter what level of service a
guest is looking for, we are there to meet their needs.”

With 38 hotels under development in India, Hyatt currently
plans to offer its full and select service brands, including:

14 Hyatt Regency hotels under development, in addition to
four already open

5 Grand Hyatt hotels under development, in addition to one
already open

4 Park Hyatt hotels under development, in addition to one
already open

14 Hyatt Place properties under development

1 Andaz hotel under development

As part of this expansion, Hyatt Hotels & Resorts is
seeking to attract and develop high-quality talent in India in order to
drive future growth. Currently, more than 3,500 associates are employed
at Hyatt hotels in India, and with the development effort, it is
expected that more than 10,000 new associates will be welcomed into the
Hyatt family. Hyatt is investing in training curriculums and
accelerated leadership programs in order to ensure that new associates
support the company’s mission to deliver authentic hospitality and to
develop new professional opportunities for its associates.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is
a leading global hospitality company with a proud heritage of making
guests feel more than welcome. Thousands of members of the Hyatt family
strive to make a difference in the lives of the guests they encounter
every day by providing authentic hospitality. The Company’s
subsidiaries manage, franchise, own and develop hotels and resorts
under the Hyatt®, Park Hyatt®, Andaz®,
Grand Hyatt®, Hyatt Regency®, Hyatt
Place® and Hyatt Summerfield Suites® brand
names and have locations on six continents. Hyatt Residential
Group, Inc., a Hyatt Hotels Corporation subsidiary,
develops, operates, markets or licenses Hyatt ResidencesTMand Hyatt Vacation Club®, which
is changing its name to Hyatt Residence ClubTM.
As of December 31, 2010, the company’s worldwide portfolio consisted of
453 properties in 45 countries. For more information, please visit www.hyatt.com.

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